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Richard Tice Net Worth

How the Reform UK Deputy Leader built his £40 million fortune

Estimated Net Worth (2026)

£40 Million

Approximately $50 million USD

💰 Wealth Breakdown

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Property Investments

The majority of Richard Tice's wealth comes from commercial property investment. He served as CEO of CLS Holdings plc, a FTSE 250 property company with a portfolio worth over £2 billion across the UK, Germany, and France.

Estimated: £25-30 million

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Quidnet Capital LLP

In 2014, Tice founded Quidnet Capital LLP, a property asset management firm. The company manages significant commercial property assets and continues to generate income from management fees and investments.

Estimated: £5-8 million

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Stock Market & Other Investments

Tice maintains a diversified investment portfolio including stocks, bonds, and other financial instruments. His business acumen extends beyond property into broader financial markets.

Estimated: £5-7 million

📊 How Richard Tice Made His Money

1990s

Early Career in Property — Began building expertise in commercial property and finance, working in debt advisory and property investment.

2010

CEO of CLS Holdings — Appointed Chief Executive of the FTSE 250 property investment company. During his tenure, the company's portfolio grew significantly.

2014

Founded Quidnet Capital — Left CLS Holdings to establish his own property asset management firm, Quidnet Capital LLP.

2024

Elected to Parliament — Won the Boston and Skegness seat for Reform UK. Now receives MP salary of approximately £91,000 per year in addition to his investment income.

📈 Net Worth Compared to Other Politicians

Richard Tice

£40 million

Reform UK Deputy Leader

Nigel Farage

£2.5 million

Reform UK Leader

Rishi Sunak

£730 million

Former Prime Minister

Keir Starmer

£8 million

Prime Minister

❓ Frequently Asked Questions

How much is Richard Tice worth in 2026?+

Richard Tice's net worth is estimated at approximately £40 million (around $50 million USD) as of 2026. His wealth primarily comes from commercial property investments and his roles at CLS Holdings and Quidnet Capital.

How did Richard Tice make his money?+

Tice made his fortune primarily through commercial property investment. He served as CEO of CLS Holdings, a FTSE 250 property company, from 2010 to 2014, then founded his own property asset management firm, Quidnet Capital LLP.

Is Richard Tice a millionaire?+

Yes, Richard Tice is a multi-millionaire. With an estimated net worth of £40 million, he is one of the wealthiest MPs in the House of Commons and significantly wealthier than Reform UK leader Nigel Farage.

What is Richard Tice's salary as an MP?+

As a Member of Parliament, Richard Tice receives a basic salary of approximately £91,346 per year (as of 2024). However, this represents only a small fraction of his overall income from investments and business interests.